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The Bothas are planning for their son's education. He is ten years now and will start tertiary education in 9 years. How much will they
The Bothas are planning for their son's education. He is ten years now and will start tertiary education in 9 years. How much will they have to set aside at the end of each year to have R80 000 in 9 years if the annual interest rate is 8%?
1. R1 930.21
2. R5 522.36
3. R6 406.38
4. R12 806.38
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